Illustrate what role do fiscal and monetary policies

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Reference no: EM1344928

Q. Subsidy programs are likely to have a number of secondary effects in addition to the direct effect on dairy prices. What impact do you suppose farm subsidies are likely to have on the following?

a. Housing prices
b. Technological change in the dairy industry
c. The price of diary product substitutes

Q. Illustrate what role do fiscal and monetary policies have to lead to higher or lower budget deficits?

Reference no: EM1344928

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